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Mar 6, 2013
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the economy is not as giddy as the market is but the market is looking ahead. lot of people on wall street believe next year could be strong in the u.s. economy and we might see real job growth with it. >> does that mean perhaps a relief for people who are looking for jobs with unemployment still pretty high? >> this is what we've been waiting for and this is why the fed said they're not going to start pulling money out yet. they're trying to bring down unemployment which is almost double what it was before this all began and to do that they're trying to keep interest rates low. the market is a reflection of maybe things are getting better and hopefully the jobless rate will come down. >> anthony mason good to see you, thank you. >>> the rules are changing for flyers, not everyone is happy about it. starting late next month, passengers will be allowed to board commercial flights with knives, something that hasn't happened since the september 11th attack. bob orr is at reagan national airport. good morning, some people are not happy about this. >> reporter: good
the economy is not as giddy as the market is but the market is looking ahead. lot of people on wall street believe next year could be strong in the u.s. economy and we might see real job growth with it. >> does that mean perhaps a relief for people who are looking for jobs with unemployment still pretty high? >> this is what we've been waiting for and this is why the fed said they're not going to start pulling money out yet. they're trying to bring down unemployment which is almost...
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Mar 4, 2013
03/13
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. >> and all that matters -- >> i don't know whether it's going to hurt the economy or not. i don't think anyone quite understands how the sequester is really going to work. >> on "cbs this morning." >> he want obama to do one thing. call him. >> he wants a call from president obama. >> that's right. >> korean high five. >>> welcome to "cbs this morning." gayle king is off. catholic cardinals are holding the first of their official meetings this morning since the retirement of the former pope benedict benedict. >> during the meetings, the cardinals will set a date for the conclave to choose a new pope. they're also taking on issues and controversies facing the church. mark phillips is in vatican & city. mark, good morning. >> reporter: good morning, norah and charlie. if the catholic church has been hit by the combined earthquakes of a retired pope and child abuse and other scandals its response has been deliberate and traditional. the cardinals have gunbegun to meet, but before they get down to the business of choosing a new pope they've got plenty of other business to disc
. >> and all that matters -- >> i don't know whether it's going to hurt the economy or not. i don't think anyone quite understands how the sequester is really going to work. >> on "cbs this morning." >> he want obama to do one thing. call him. >> he wants a call from president obama. >> that's right. >> korean high five. >>> welcome to "cbs this morning." gayle king is off. catholic cardinals are holding the first of their...
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Mar 5, 2013
03/13
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next if the economy recovers we couldo for do some cutting but over the next decade, we don't have to. costs. we will eventually have to deal with health care costs, the costs of the programs we want but the but there is no urgency and no urgency means not this year notrguably next year, not in the next five years and arguably not in the next ten years. year >> on his blog krugman called itan his denver debate moment talking about president obama's weakest moment in the t presidential debate. them it's interesting to see them have a real dialogue, real is conversation, is the thing you hope is happening in washington but you wonder. >> how were they together?ing in wash i mean, because they have been at each other's throats. two >> they have separate messages. paul krugman believes the debt does not need to be dealt with bel until ten years out. joe scarborough believes they to ought to be able to do that as well as try to promote growth in the present debate conversation. >> very interesting. getting a lot of pla >>> we'll ask some of t >>> well we'll ask some of the top women in cor
next if the economy recovers we couldo for do some cutting but over the next decade, we don't have to. costs. we will eventually have to deal with health care costs, the costs of the programs we want but the but there is no urgency and no urgency means not this year notrguably next year, not in the next five years and arguably not in the next ten years. year >> on his blog krugman called itan his denver debate moment talking about president obama's weakest moment in the t presidential...
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Mar 2, 2013
03/13
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the economy will not grow as quickly as it would have. unemployment will not go down as quickly as it would have. and there are lives behind it. >> reporter: top white house officials predict republican ends will eventually cave and give in. they say they've never been more unified and they'll withstand whatever pressure comes from the white house and the public. this much we know to be true. until this morning the politics and spending cuts have been entirely theoretical. now they're going to be real and possibly unpredictable. >> that's exactly what we're going to be talking about at the white house. thanks so much. >>> so what is next for this mess, and how will it affect the country and how soon? joining us from washington is john dickerson, cbs news political director and here in our studio is senior director on marketplace and public radio. nice to have both of you with us this morning. good morning. >> good morning. >> they brought this up. it's a matter of how people are feeling. people are asking why didn't we see a bigger impact
the economy will not grow as quickly as it would have. unemployment will not go down as quickly as it would have. and there are lives behind it. >> reporter: top white house officials predict republican ends will eventually cave and give in. they say they've never been more unified and they'll withstand whatever pressure comes from the white house and the public. this much we know to be true. until this morning the politics and spending cuts have been entirely theoretical. now they're...
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Mar 9, 2013
03/13
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the underlying economy, a lot of people feel they haven't gotten better, but these numbers suggest -- >> it's a four-year low and we were speaking earlier. four-year low, you have to sit up and take notice. you made an interesting comment. you said that's not going to last either. >> a lot of people make the assumption that the vast majority for that happening is because of economic reasons. people just giving up the hunt when in fact the primary reason is demographics. >> retires. >> retires. >> yeah. if things really start to ramp up you will see some people who are disgruntled, will come back into the work force, and that can actually cause the unemployment rate to pop up a little bit. >> you really like these numbers. >> yeah. look. it's pre-sequestration, so we don't have the effect of job cuts associated with that. we have gotten a pop in january and february the last couple of years that ultimately did not lead to better numbers. i think it's a little too soon to start extrapolating a 236 number as far as the eye can see but i think the underlying health of the economy is impro
the underlying economy, a lot of people feel they haven't gotten better, but these numbers suggest -- >> it's a four-year low and we were speaking earlier. four-year low, you have to sit up and take notice. you made an interesting comment. you said that's not going to last either. >> a lot of people make the assumption that the vast majority for that happening is because of economic reasons. people just giving up the hunt when in fact the primary reason is demographics. >>...